mortgage Archives - Eagle Mortgage Advisors, LLC

mortgage

7 Nov 2024

📉 Mortgage Rates Roller Coaster: Hold on Tight!

Mortgage rates…what to do? Feeling dizzy from the ups and downs of mortgage rates lately? You’re not alone. The mortgage market has been anything but predictable. Let’s break it down without the need for a financial dictionary. Currently, ...
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16 May 2024

What You Don’t Know CAN Hurt You!

Just this week, we saved one of our clients $2,500 on their refinance. $2,500.00! Over the past weeks, we’ve saved our clients, $300, $500, even $700 per month on their mortgage payment. How is that possible? Because they ...
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Mortgage News Daily

Highest Existing Home Sales Since March
Just in time for the big jump in interest rates seen after yesterday's Fed announcement, the latest Existing Home Sales data from the National Association of Realtors (NAR) shows sales at the highest seasonally adjusted pace since March. Compared to the same time last year, sales are up 6.1%--the best year over year improvement since […]
Modest Refi Surge Was Fun While it Lasted
Heading into the first part of December, mortgage rates were at their lowest levels in a month and a half. Much of the improvement from the recent highs occurred in a single week (the last week of November). That made for an obvious and logical uptick in refinance applications the following week, according to the […]
Highest Building Permits Since February Despite Slower Housing Starts
The Census Bureau releases its report on New Residential Construction each month which offers 3 key metrics: building permits, housing starts, and housing completions. Of those, the first two are most closely watched. There is typically a solid buffer between permits and starts. After all, housing construction cannot "start" unless it is "permitted." Oftentimes, there's […]
Builder Confidence Remains Low, But Sales Expectations Are Increasing
The National Association of Home Builders (NAHB) and Wells Fargo publish the Housing Market Index (HMI) each month. The industry refers to this as "builder confidence" and December's number came out today. It was right in line with November's, and it suggests builders are increasingly honing in on a relatively gloomy baseline in the bigger […]
Mortgage Applications Surge (Relatively) as Rates Drop (Relatively)
The Mortgage Bankers Association is out with the latest survey of mortgage applications and refinance activity led the charge this week. In fact, purchase activity declined a bit and refis saw their best weekly gains since September. The following chart shows the week over week change in the refi index: At first glance, it would […]

mortgage

📉 Mortgage Rates Roller Coaster: Hold on Tight!

What You Don’t Know CAN Hurt You!

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